First Trust Emerging Markets AlphaDEX Fund
FEM
111 hedge funds and large institutions have $331M invested in First Trust Emerging Markets AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 58 increasing their positions, 33 reducing their positions, and 12 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
4.72% more ownership
Funds ownership: 75.05% → 79.78% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $335M → $331M (-$3.89M)
4% less funds holding
Funds holding: 116 → 111 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$19.2M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$7.34M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.68M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.37M |
| 5 |
Morgan Stanley
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$5.25M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$4.51M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.94M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.75M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.66M |
FEM Hedge Fund Activity: Q3 2024 in Review
111 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q3 2024, worth a combined $331M — down 1.2% from $335M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FEM and 8 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 58 added.
The largest buyer was International Assets Investment Management, adding an estimated $19.2M. The largest seller was Cetera Investment Advisers, cutting an estimated $5.25M.
- 111 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q3 2024, down from 116 in Q2 2024.
- Funds reported $331M of First Trust Emerging Markets AlphaDEX Fund stock for Q3 2024, down 1.2% quarter-over-quarter.
- 8 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q3 2024 and 12 closed out, a net change of -4 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $19.2M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q3 2024 was Cetera Investment Advisers, an estimated $5.25M sold.
Based on aggregated 13F filings for Q3 2024.